Sudip Kar Gupta
Stories by Sudip Kar Gupta
TotalEnergies, BP, Equinor & Shell commit $500m to boost energy access
Their investments will primarily focus on sub-Saharan Africa, south and southeast Asia.
Food tech company ENOUGH raises $43.5m
The round was led by World Fund and CPT Capital, which was an early investor in Beyond Meat.
French food brand Danone to sell stake in China Mengniu Dairy Company
China Mengniu Dairy has an equity m-cap of around $21.4 billion.
Renault pulls out of loss-making venture with Dongfeng Motor
Renault becomes only the second global automaker to exit a major venture in China in recent years.
France’s JC Decaux to buy minority stake in Hong Kong’s Clear Media
The deal is part of a broader consortium takeover of Clear Media.
Vivendi in talks to sell up to 20% of Universal Music Group to Tencent
Vivendi said the deal would give the whole of UMG a preliminary equity valuation of $33.6 billion.
Temasek joins $335m equity funding round in France’s Tikehau Capital
The fundraising also includes reinvestments by Tikehau Capital’s founders, managers, among other investors.
France’s Louis Dreyfus to invest in IPO of Malaysia’s Leong Hup
Malaysian poultry producer Leong Hup is targeting to raise as much as $291 million in a scaled-down IPO in mid-May.
Tyre maker Michelin buys 88% in Indonesia’s Multistrada for $480m
The move strengthens its presence in a fast-growing Asian market.
China Southern Power Grid buys 25% from Ardian PE in European utility Encevo
The sale of the stake in Encevo comes after Germany last week stepped up efforts to prevent companies in critical industries from falling into Chinese
